Norway's Feb Oil Production Slightly Above Forecast

Published

Credit: Arlid/AdobeStock
Credit: Arlid/AdobeStock

Norway's oil production slightly exceeded official expectations in February, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday.

Crude oil output slipped 0.6% from January to 1.793 million barrels per day (bpd) in February, while the NPD's forecast for the month had stood at 1.785 million.

Oil output was 1.8% higher than in February of 2020.

The daily output of natural gas in February was at 321 million cubic meters, in line with the NPD's forecast but down from 341 million cubic meters in the same month a year ago.

(Reporting by Terje Solsvik, editing by Nerijus Adomaitis)

Current News

Turkey Launches Deep Sea Drilling Mission in Somalia

Turkey Launches Deep Sea Drill

OMV Nominates BP Executive Emma Delaney as Next CEO

OMV Nominates BP Executive Emm

Petrobras Buys Back Petronas Stake in Two Brazil Offshore Fields

Petrobras Buys Back Petronas S

OneSubsea to Supply Production Boosting System for Shenandoah Field

OneSubsea to Supply Production

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine